Article: New River Pharmaceuticals Announces Exercise of Co-Promotion Option in the U.S. for NRP104.

RADFORD, Va., July 25 /PRNewswire-FirstCall/ -- New River Pharmaceuticals today announced its first exercise of its right to co-promote NRP104 in the United States (including its territories and possessions). NRP104 is the subject of a collaboration agreement between New River and Shire plc. The co-promotion activities of New River will commence in six months or upon the commercial launch of NRP104, whichever occurs later. In exercising its option to co-promote NRP104, New River committed to co-promote the product for at least 24 months and to provide 25% of the total details for the product during the 24-month period.

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